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Talks between Pakistan and India on national security adviser level are scheduled to be held on August 23 and 24, 2015. A private TV channel quoting Indian media on Saturday said that much-awaited talks between Pakistan-India national security advisors will be held in the fourth week of this month. However, the venue of talks and other details in this regard are yet to be finalized. Adviser to PM on National Security and Foreign Affairs Sartaj Aziz will lead the Pakistan in the dialogues while Ajit Doval will head the talks from Indian side.

President of Turkey, Recep Tayyip Erdogan discussed bilateral ties with Prime Minister Muhammad Nawaz Sharif during his brief stopover on Saturday while on his way back from Indonesia. Earlier upon his arrival at Nur Khan Airbase, Prime Minister Nawaz Sharif and Begum Kalsoom Nawaz received the Turkish President and his spouse. Chief Minister Punjab Shahbaz Sharif and federal ministers Ishaq Dar and Khawaja Asif, Advisor on National Security Sartaj Aziz and Special Assistant Tariq Fatemi were also present at the airport.
Senior EU-IMF auditors on Friday held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis. Greece's main stock exchange in Athens will resume operations, which were halted on June 26 as the crisis-hit government imposed capital controls, on Monday, a finance ministry source told AFP.
Steadier trend was witnessed on the money market on Saturday in the process of trading, dealers said. The rupee managed to hold the overnight levels against the dollar for the second day at Rs 102.80 and Rs 103.00, they said. The national currency, however, shed 10 paisa in terms of the euro for buying and selling at Rs 112.10 and Rs 113.10, they said.
The State Bank of Pakistan (SBP) has extended timeline for effective implementation of its guidelines vis-à-vis Low Risk Bank Accounts. Introducing Asaan Account, the SBP, on June 22, 2012, had issued guidelines on Low Risk Bank Accounts with simplified due diligence, asking banks to implement the same by July 31, 2015. However, on the request of banks, the SBP has extended the deadline by two months.
Frustrated by ongoing Rangers operation in Karachi, the Muttahida Qaumi Movement (MQM)'s party leadership is said to be divided between the hawks and the doves. According to a senior member of MQM, who requested anonymity, those who remain firmly behind Altaf Hussian comprise parliamentarians of the party, and who feel that raising the issue in and outside the parliament would help the party come out of its current difficult situation.
Unites States Special Representative for Afghanistan and Pakistan (SRAP) Ambassador Daniel Feldman met Chief of the Army Staff (CoAS) General Raheel Sharif, here on Saturday and discussed regional security and stability. He appreciated Pakistan's positive role, especially of General Raheel Sharif, in bringing all parties to peace talks between Afghan government and Taliban, said an ISPR press release issued here. He expressed the hope with all sincerity that talks would resume soon to bring lasting peace.-PR


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyJuly 23, 2015
Reserves $18.677 bln